Q1. After paying a dividend of $1.90 last year, a company does not expect to pay a dividend for the next year. After that it plans to pay a dividend of 2.09 in year 2 and then increase the dividend at a rate of 3 percent per annum in years 3 to 6. What is the expected dividend to be paid in year 5?

Q2. Techworld is expecting to pay out a dividend of $3.35 next year (year 1). After that it expects its dividend to grow at 4 percent per annum for the next five years (for years 2 to 6). What is the dividend that is expected to be paid in year 3? (to nearest cent; don't include $ sign)

Q3. ABC Ltd is expected to grow its annual dividend at a constant rate of 3 percent. If the company's next dividend is $0.79 and its current price is $31.12, what is the annual required rate of return on this share? (As a percentage to two decimal points; don't show the % sign eg 2.875% would be entered as 2.88.)

Q4. ABC Ltd is expected to grow its annual dividend at a constant rate of 3 percent. If the company's next dividend is $0.79 and its current price is $31.12, what is the annual required rate of return on this share? (As a percentage to two decimal points; don't show the % sign eg 2.875% would be entered as 2.88.)

Q5. A company has just paid its first dividend of $0.76. Next year's dividend is forecast to grow by 6 percent, followed by another 6 per cent growth in year two. From year three onwards dividends are expected to grow by 2.7 percent per annum, indefinitely. Investors require a rate of return of 18 percent p.a. for investments of this type. The current price of the share is (round to nearest cent)